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Auto finance
Total assets of Saudi financial companies grow 26% to $17.8 billion in 2021 (SAMA)
According to a report by the Central Bank of Saudi Arabia, also known as SAMA, Saudi financial companies have shown outstanding performance, with their total assets reaching SR67 billion ($17.85 billion) in 2021, an increase 26% compared to…
Park Avenue Securities LLC increases its equity holding in CarMax, Inc. (NYSE:KMX)
Park Avenue Securities LLC increased its stake in CarMax, Inc. (NYSE: KMX – Get a rating) by 9.5% during the first quarter, HoldingsChannel reports. The company held 7,771 shares of the company after acquiring an!-->…
NADA challenges FTC dealer rules as unwarranted and sloppy
Execution of the FTC's proposal was botched, according to Metrey. He said agencies don't typically jump straight to a rulemaking notice like the FTC did in this case.Nor has the industry received notice from the FTC Semi-Annual Regulatory…
Robeco Institutional Asset Management BV buys 2,887 shares of CarMax, Inc. (NYSE: KMX)
Robeco Institutional Asset Management BV increased its position in shares of CarMax, Inc. (NYSE: KMX – Get a rating) by 164.0% in the first quarter, according to its most recent SEC filing. The company held 4,647!-->…
A New Achievement of Chinese Automobile Brands in Overseas Market, GWM’s Overseas Sales Hit 1…
BAODING, China, July 14, 2022 /PRNewswire/ -- About July 3GWM officially announced to the world at the Saudi Arabia TANK brand launch event that the cumulative overseas sales have reached one million units, marking another milestone in…
US Automobile Agency Won’t Allow EV Owners to Choose Alert Sounds
By David ShepardsonWASHINGTON (Reuters) - U.S. auto safety regulators on Tuesday scrapped a 2019 proposal that would have allowed automakers to offer a variety of sound choices for electric vehicles and other "quiet cars".Electric vehicles…
Kia Niro (2022 – ) SUV review
Expert ReviewFrom hybrid to fully battery-powered, the Kia Niro offers three steps to electrification in a stylish and technological crossover package.Posted on July 11, 2022 | 0minimum readingThe verdict of the Auto Trader!-->!-->!-->…
How to check your credit score
It is important to understand your credit score, what it means and what factors influence it.…
Nifty 50: select companies from the automotive, finance, IT, oil and gas industries to lead the Q1…
The average cement price across India increased by 5.7% YoY to ₹390 per 50kg bag in the June quarter of 2022.SynopsisAggregate sample revenue is expected to rise 37.2% year-on-year for the June quarter, according to ETIG estimates. This…
Would your car insurance cover damage from a superhero battle? Automoblog gives you answers
RALEIGH, North Carolina, July 5, 2022 /PRNewswire/ -- A superhero has just landed on your brand new Kia and is totaling it. Are you responsible for the damage or will your insurance company bail you out? Autombolog answers this…
Wedbush Securities Inc. holds a $772,000 position in CarMax, Inc. (NYSE:KMX)
Wedbush Securities Inc. increased its stake in shares of CarMax, Inc. (NYSE: KMX – Get a rating) by 9.5% in the 1st quarter, Holdings Channel.com reports. The fund held 8,004 shares of the company after acquiring!-->…
CDK Global Survey Reveals 4 Characteristics of Gen Z Vehicle Buyers
Did your dealership meet its retail sales targets for the month and quarter? Whether your store did or not, a new study of CDK Global shoppers could explain why more vehicles hit the pavement than expected, or why this batch of…
The discovery of Ally, DC, Milestone Media and Warner Bros. reveals NASCAR paint scheme inspired by…
Driver Alex Bowman will run in paint scheme featuring Milestone Super Hero Static on July 10 at Atlanta Motor SpeedwayUnique design and Ally's "Heroically" theme also incorporated into the fireman's suit and helmetDETROIT and Burbank,…
Goeasy acquires $40 million stake in Canada Drives
The finance company Goeasy Ltd. buys a minority stake in online used car retailer Canada Drives, as the venture lender seeks to increase its stake in the Canadian auto finance market.
Goeasy announced the $40 million equity investment,…
Ally Financial will announce sec
CHARLOTTE, North Carolina, June 15, 2022 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled to release its second quarter 2022 financial results on Tuesday, July 19, 2022at about 7:30 a.m. ET. Results will be available on…
Record attendance at the Asset Finance Connect Summer Awards on July 13: 31 finalists announced
Over 350 guests will attend Asset Finance Connect's Summer Awards party taking place on July 13 at the Hurlingham Club in London. The evening will celebrate the best and the brightest in the industry with delegates hailing from far and…
Is my credit score accurate? What you need to know and how to check it
Select's editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from…
Automotive Finance Market Share, Trends and Key Players by 2030:
The Global Auto finance market will be analyzed based on market leading vendors, their product benchmarking, SWOT analysis, and company financials such as annual revenue, research and development expenditure,…
Consumers are getting auto loans online before they hit the dealership, new survey finds
Buying a car these days is often not the process your parents are used to. More and more consumers are doing part or all of the process online. One area that has seen growth in recent years is auto loans. Buyers obtain auto…
Allstate Announces May 2022 Catastrophe Losses and Implemented Auto Rates
NORTHBROOK, Ill., June 16, 2022--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced disaster-related losses estimated for the month of May at $436 million or $344 million after tax. May catastrophe losses included 14…
Portfolio line of credit: what is it and how does it work?
Borrowing against your investments is a line of credit option that many brokers offer exclusively to their clients. A portfolio line of credit can be either a margin account or a securities line of credit. A margin loan is an extension of…
Auto Finance Market to See Huge Growth by 2027: Ford Credit, GM Financial, Ally Financial
This press release was originally issued by SBWire
New Jersey, United States — (SBWIRE) – 06/10/2022 – The latest published study on the Global Automotive Finance Market by AMA Research assesses the market size, trend and forecast to 2027.…
Four reasons to force your kids to work this summer
Summer job as a student ... file_thumbview_approve.php?size=1&id=17651603 file_thumbview_approve.php?size=1&id=17615345 file_thumbview_approve.php?size=1&id=17577262 file_thumbview_approve.php?size=1&id=17243360…
ICICI Bank home loan EMIs to rise as bank raises EBLR by 50 basis points
ICICI Bank, one of India's leading private sector banks, raised its external benchmark lending rate (EBLR) by 50 basis points to 8.60% from 8.10% previously. According to the bank's website, the…
10 Things About Buying a Costco Auto Program Car You Need to Know
The Costco Auto program can be one of retailer membership benefits that you didn't know existed, even if you are a long-time member. But this membership perk promises the ability to get you a great deal on a car, truck, or SUV without…
Auto Show Sales and Finance
WINNIPEG, Manitoba, June 3, 2022--(BUSINESS WIRE)--For the third year in a row, Auto Show Sales & Finance won first prize in the Manitoba Top Choice Survey category, "Pre-owned Truck Sales". The award is selected entirely by public…
California Supreme Court Expands Remedies Available Against Companies That Finance Consumer…
The Federal Trade Commission requires that certain consumer sales contracts contain specific language permitting the consumer to assert any claim or defense, against a creditor financing the purchase, that the consumer may assert against…
Sri Lankan rickshaw driver has to queue for 12 hours or more for fuel
GONAPOLA, Sri Lanka, May 31 (Reuters) - Lasanda Deepthi, a 43-year-old Sri Lankan, plans her day around fuel queues.The driver of an auto-rickshaw on the outskirts of the commercial capital Colombo, she keeps a close eye on the gas gauge of…
Zacks: Analysts expect CarMax, Inc. (NYSE: KMX) to report earnings of $1.60 per share
Stock analysts predict that CarMax, Inc. (NYSE: KMX – Get a rating) will report earnings of $1.60 per share for the current quarter, according to Zacks Investment Research. Five analysts have released earnings!-->…
Utah-based loan company and bank allegedly charged military borrowers illegally high interest rates
A company that provides loans for car repair, furniture and pets to consumers, including U.S. service members, charges up to 189% interest in some areas, working with a U.S.-based bank to circumvent…
Global Auto Dimming Mirrors Market Report 2022: Revenue, Trends, Growth Opportunities, Competition,…
DUBLIN, May 23, 2022--(BUSINESS WIRE)--The “Auto-Dimming Mirror Market – Revenue, Trends, Growth Opportunities, Competition, COVID-19 Strategies, Regional Analysis and Future Outlook to 2030 (by Products, Applications, End Cases)” report…
IREDA sanctioned Rs 14,000 crore loans for renewable energy projects in Maharashtra, Auto News, ET…
Government renewable energy project finance company IREDA has sanctioned loans worth Rs 14,445 crore and disbursed Rs 10,018 crore for various green energy projects in Maharashtra.IREDA (Indian Renewable Energy Development Agency Limited)…
SAIC acquires majority stake in auto finance firm Dongzheng AFC for $237 million
(Yicai Global) May 20 -- China's largest automaker SAIC Motor has bought a 71% stake in auto finance firm Shanghai Dongzheng Auto Finance Company for CNY1.6 billion (US$237 million) through a legal auction.
SAIC, which was the sole bidder,…
Montway Appoints COO Ceille as President of Business Solutions Group
Tuesday May. 17, 2022, 15:03
Montway Auto Transport said Tuesday that Kaye Ceille, formerly the company's chief operating officer, will now…
New Zealand targets electric vehicles and industry with new $2.8 billion climate response fund, Auto…
The budget will allocate NZ$1.3 billion to the transport sector for projects such as moving people to electric vehicles, decarbonising the freight and public transport sectors and reducing the need for short car journeys .WELLINGTON —…
4 Ways Lenders Can Prepare for a Looming Recession
the Federal Reserve continues to raise interest rates to fight rising inflation and lessen the likelihood of a recession, and auto lenders are reassessing their risk management strategies in anticipation of a…
Automotive Finance Market Size and Forecast
New Jersey, United States – Comprehensive analyzes of the fastest growing companies Auto finance market provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for…
Selling investments to pay off debt
Select's editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from…
Shriram City to Focus on Gold, Personal Loans and Small Business Loans in FY23; targets 18% growth…
Shriram City Union Finance will focus on personal, gold and small business loans to achieve its 18% growth in assets under management in the current fiscal year amid slowing demand from two -wheels due to component shortages and other…
Drowning in data and not a drop of information: Making sense of Big Data
When it comes to managing data, small financial institutions like regional banks and credit unions don't lack the resources of large banks, they are often drowning in data.
For many, the challenge of using data is…
Women in Remarketing: Capital One’s Deann Flora
Tuesday May. 03, 2022, 16:09
Automatic remarketing recognizes the 2022 Women in Remarketing winners in the May issue of the magazineand post…
Origin Bancorp, Inc. Announces Election of New Board of Directors
RUSTON, La., May 02, 2022 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (Nasdaq: OBNK) (“Origin” or the “Company”), the financial holding company of Origin Bank, today announced that shareholders elected Daniel Chu as a new director at the…
$0.17 per share earnings expected for Open Lending Co. (NASDAQ:LPRO) this quarter
Stock analysts expect Open Lending Co. (NASDAQ:LPRO - Get a rating) will report earnings per share of $0.17 for the current quarter, Zacks Investment Research reports. Six analysts provided Open Lending earnings estimates, with the…
ASSOCIATED BANC-CORP Management’s Discussion and Analysis of Financial Condition and Results…
Special note regarding forward-looking statements
This report contains statements that may constitute forward-looking statements
within the meaning of the safe-harbor provisions for forward-looking statements
contained in the Private…
Bajaj Finance: Switching from Bajaj Finance to ICICI Bank or AU Bank: Hemang Jani
"In the cement sector, UltraTech is our number one choice, but Ramco Cement and JK Cement, which have a presence in Madhya Pradesh and northeastern regions, provide a good opportunity for investors," says Hemang JaniEquity Strategist and…
Nearly 9 in 10 young Americans support government action on student debt
WASHINGTON, DC - APRIL 04: Debt Collective supporters gather near the US Department of Education to demand complete cancellation of student debt on April 04, 2022 in Washington, DC. (Photo by Leigh Vogel/Getty Images for MoveOn & Debt…
Unions are multiplying. Guess why.
Unions are coming back and it's pretty obvious (to most of us) why.The numbers are quite small, but because the organization took place in companies like Starbucks (SBUX), Amazon (AMZN), Google (GOOG, GOOGL), ActivisionBlizzard (ATVI), Etsy…
Renault mulls possible IPO to spin off its EV, Auto News, ET Auto business
Renault shares rose about 1% in early trading after the announcement of its results.By Gilles Guillaume and Nick CareyPARIS: French automaker Renault said Friday that "all options are on the table" to spin off its electric vehicle (EV)…
Use data and analytics to make informed auto loan decisions
Source: Shutterstock
The auto finance sector has faced a myriad of challenges since the start of the pandemic. Every segment of the industry has encountered headwinds, including credit unions. In fact, when captives offered strong…
$46.58 million in sales expected for Open Lending Co. (NASDAQ:LPRO) this quarter
Equity research analysts predict that Open Lending Co. (NASDAQ: LPRO – Get a rating) will report $46.58 million in sales for the current fiscal quarter, according to Zacks Investment Research. Six analysts have!-->…
Top-Rated Volkswagen Dealership, Atlantic Volkswagen, Makes Vehicle Buying Easier with Pre-Qualified…
Atlantic Volkswagen is one of the most sought after Volkswagen dealerships in New Jersey. The certified dealership is known for providing various new and used vehicles at affordable rates. Atlantic Volkswagen is an ideal choice for…
Das, Auto News, ET Auto
Shaktikanta Das, Governor of the RBIMumbai: HDFC blaming lack of regulatory arbitrage for its decision to merge with HDFC Bank, Reserve Bank Governor Shaktikanta Das made it clear on Friday that large non-banks can either comply with…
Autonomy continues California expansion with EV subscription in San Diego
"Our mission is to provide consumers with easy and affordable access to electric vehicles," said Scott Painter, founder and CEO of Autonomy. "We know California to be both the automotive capital of the world and an early adopter of…
5 vital reasons to consider trading in your car for a new one
Published on Tuesday, April 5, 2022 at 5:53 p.m.
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BYD’s gas-guzzling shutdown leaves a major loophole
A BYD e-SEED GT EV concept is unveiled on stage during the Shanghai Auto Show in Shanghai, China April 16, 2019. Picture taken April 16, 2019. REUTERS/Yilei Sun Join now for FREE unlimited access to Reuters.comRegisterHONG KONG, April 4…
Why Rising Car Prices Make Gap Insurance Worth a Look
If you've shopped for a car recently, you know the prices are outrageous. Over the past 12 months, prices for new vehicles have risen 12.4%, according to the US Bureau of Labor Statistics, and used cars and trucks have risen 41.2%.A high…
The Fed could become more aggressive in fighting inflation. How to prepare
For most Americans, the soaring cost of living is weighing heavily on their wallets."Wage growth has failed to keep pace with the dizzying pace of rising prices, which the Federal Reserve has effectively identified as 'monetary policy's…
The auto finance market is booming globally
"Global Automotive financing Market Research Report 2022 »This research report offers Covid-19 outbreak study accumulated to offer the latest information about acute characteristics of the Auto Finance Market. This intelligence…
CIG and Polaris Bank sign memorandum of understanding on auto financing
From left to right: Polaris Bank Group Head, Corporate Banking, Mr. Uba Anichebe, Group Head, Products and Market Development, Ms. Adebimpe Ihekuna, Executive Director, Mr. Segun Opeke, Chairman of CIG Motors, Chief Diana Chen,…
Manchester man pleads guilty to bank fraud in federal case involving car loans obtained using false…
US District Court of NHCONCORD, NH – One of six people charged with bank fraud involving car loans, totaling several hundred thousand dollars, obtained with false documents pleaded guilty in US District Court on Monday.Robesteur St.…
Auto Loan Fraud Exposure Exceeds $7.7 Billion in 2021
Auto loan fraud rose 5% year-over-year to $7.7 billion in 2021 as stimulus funds dried up and employment fraud, misrepresentation revenue and the use of synthetic identities have increased.
The pandemic "laid the groundwork" for…
Li Auto announces the inclusion of its shares in the Shenzhen-Hong Kong Stock Connect program
BEIJING, March 14, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in the Chinese new energy vehicle market, announced today that the Company's Class A ordinary shares, which are…
Auto Inc expects double-digit growth; PV volumes will reach 3.5 million in FY23, Auto News, ET Auto
In FY21, the PV industry in India recorded sales of 2.7 million units and is expected to reach around 3.1 million in FY22.New Delhi: After the long-term impact of several unprecedented factors, India's auto industry is optimistic about…
Westpac Banking Plans BT Panorama Sale – Report
Westpac Banking Corporation (WEBNF) is launching a tender for its BT Panorama wealth management unit. Quoting people familiar with the subject, Bloomberg reports that the lender allows suitors to view confidential information on the…
To keep scammers out, TD fraud expert says awareness is key as Canadians say they’re most…
More than half of all Canadians (51%) surveyed say they do not discuss fraud prevention and protection with people they know
TORONTO, March 7, 2022 /CNW/ - A new survey released by TD Bank Group for this year's Fraud Prevention Month…
Ally Financial pledges $250,000 in scholarships to the Congressional Black College Foundation
Allied Financial on February 23, committed more than $250,000 to support legal scholarship and public policy scholarship through its partnership with the Congressional Black Caucus Foundation (CBCF).
Ally's decision…
Ready to start saving? Do it in this order
Experts agree that most people should have savings and investments in different types of accounts to save for various purposes while taking advantage of certain tax benefits. Financial experts generally advise saving 10-15% of your income,…
Taiwan sees limited Ukraine war impact on chip supply chain, Auto News, ET Auto
Taiwanese chipmakers use little palladium, and neither Ukraine nor Russia is a major source for what the island uses, the firm said in a statement. Taiwan expects little impact from the war in Ukraine on the supply of key raw materials…
Jacksonville Ranks Among Top Metro Areas for Job Growth, Report Says – 104.5 WOKV
JACKSONVILLE, Fla. - It's no secret that the city of Jacksonville and Duval County as a whole are booming.A recent study ranks our city above major metropolitan areas like Los Angeles and New York for job growth. Jacksonville ranks…
2022 CHICAGO AUTO SHOW COMPLETES RETURN IN FEBRUARY
CHICAGO, February 22, 2022 /PRNewswire/ -- The 2022 Chicago Auto Show concluded its 10-day run at McCormick Place on Presidents Day. Despite continuing obstacles to producing a show amid a global pandemic and vehicle inventory shortages,…
Hero Electric signs partnership with Grip to offer leasing solutions
Dual Hero Electric Optima HX battery. (Photo: Manav Sinha/News18.com)Hero Electric said it has partnered with Grip, an alternative investment platform, for its lease financing solutions for retail investors.PTI Last update:February 20,…
A successful contribution of “Aafaq” to Ras Al Khaimah Happin…
(MENAFN-Mid-East.Info) Ras Al Khaimah; United Arab Emirates: "Aafaq Islamic Finance" today concluded its successful contribution to the activities of the fourth edition of the Ras Al Khaimah…
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Oil majors face backlash as big-profit era returns, Auto News, ET Auto
Paris: Soaring energy prices have brought massive profits for the oil majors – along with fierce criticism from environmentalists and politicians at a time when consumers find themselves with rising bills.The American company ExxonMobil,…
When to file and when not to file.
It is crucial to file a claim for major property damage and bodily injury.
A claim might not be worth it for car accidents when no one is injured.…
Vroom Announces Pricing for First Auto Loan Securitization | Business and finance
NEW YORK--(BUSINESS WIRE)--February 10, 2022--vroom (NASDAQ: VRM), an innovative e-commerce platform that…
What it would take for the government to cancel federal student loans
The White House is considering ways to cancel federal student loan debt.Bloomberg creation | Bloomberg Creative Photos | Getty ImagesUnder pressure from Democrats, advocates and borrowers, the White House is considering steps it could…
Sensex drops to over 350 points; Nifty Trades Below 17,450; Hero MotoCorp, Bajaj Finance Top Drags
Regarding BSE, the overall market breadth was positive as 1,261 stocks were up while 561 were down.Mumbai: New Delhi: India's equity benchmarks extended a drop in early trades on Monday, due to weakness in auto and financial…
Ally becomes the first official partner of the NWSLPA, on the heels of the first CBA | State
DETROIT, February 3, 2022 /PRNewswire/ -- Almost a year later Ally sponsorship of the National Women's…
Online Auto Retailer Vroom Successfully Completes Acquisition of United Auto Credit Corporation
Transformational acquisition marks first step in development of Vroom's captive finance armNEW YORK, February 01, 2022--(BUSINESS WIRE)--vroom (NASDAQ: VRM), an innovative e-commerce platform that provides a better way to buy and sell used…
Parliament budget session to start from today, Auto News, ET Auto
From February 2 to February 11, the House must sit from 4 p.m. to 9 p.m. Thus, five hours have been scheduled per session during the first part of the Budget Session.New Delhi: The budget session of Parliament will start from today…
6 women changing the face of leadership in banking and finance
LOS ANGELES, CALIFORNIA - NOVEMBER 15: TIAA President and CEO Thasunda Brown Duckett speaks on stage ... during the 'My Leadership Journey' panel discussion at the Range Rover Leadership Summit at the Academy Museum of…
The personalization game – why Rate for Risk could accelerate UK car finance growth
Recent research from McKinsey shows that the power of personalization is growing and bringing with it competitive advantage.Its Next in Personalization report found that 71% of consumers expect companies to deliver personalized interactions…
Shriram Transport Finance, Auto News, ET Auto
Collection rates reflect levels of confidence in borrowers, often seen as an indicator of economic activity.Signaling a return to normal, India's largest truck lender, Shriram Transport Finance Company, said on Wednesday that its…
EU plan to label gas and nuclear as green could mislead investors, say advisers, Auto News, ET Auto
The EU taxonomy would not prohibit investments in assets without a green label. But by labeling climate-friendly investments as green, it aims to make them more attractive to investors.The European Union's draft plan to label gas and…
The Big Business of Bad Auto Loans | Subprime auto lenders
According to a Consumer Reports review of regulatory documents and legal documents, these methods sometimes start with lenders working with dealerships to mark up cars sold to low-income borrowers more than they do to…
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Ford signs five-year payments agreement with Stripe for e-commerce development
A Ford F-150 pickup truck goes on sale at a dealership September 6, 2018 in Chicago, Illinois.Scott Olson | Getty ImagesOnline payment processor Stripe has signed up Ford Motor Company as a customer, part of a five-year deal to bolster the…
Tesla will accept dogecoin as payment for merchandise, says Musk, Auto News, ET Auto
After vouching for Bitcoin, Tesla CEO Elon Musk now supports the cryptocurrency Dogecoin, even calling it "Dogefather".Tesla CEO Elon Musk said Friday that the electric car maker will accept meme-based digital currency dogecoins for…
RBI Governor-led FSDC Sub-Committee Reviews Economic Situation, Auto News, ET Auto
The sub-committee reviewed major developments in the global and national economy as well as in various segments of the financial system.Mumbai: The FSDC subcommittee headed by Reserve Bank Governor Shaktikanta Das on Thursday reviewed…
How the Fed’s Balance Sheet Can Deal With Inflation
The Federal Reserve is focused on containing high inflation, but it will take more than higher borrowing costs to curb price increases.The central bank will also need to find a strategy with what to do with its nearly $ 9 trillion in…
The prices of new and used cars keep on rising. Don’t expect relief soon
When it comes to buying a car these days, the sticker price can mean sticker shock.New and used car prices continue to climb amid strong demand and tight inventories. While a manufacturing slowdown has improved slightly, there won't be a…
Shunda Robinson of GM Financial recognized as a notable champion of diversity in the automotive…
FORT WORTH, Texas, January 6, 2022- (BUSINESS WIRE) - Shunda Robinson, Global Senior Vice President of Diversity, Equity and Inclusion, has been named the Automotive News 2021 Notable Diversity Champion for Automotive. Shunda is featured…
Personal financial advice for 2022 | News
NASHVILLE (WSMV) - The New Year is a great time to get your finances in order, because. For many of us,…
Automotive Finance Market Size, Scope, Forecast to 2029
New Jersey, United States, - The latest report published by Verified Market Reports shows that the Automotive finance market should experience a sustained pace in the years to come. Analysts looked at market drivers, restrictions, risks…
Commercial vehicles overtake hatchbacks, Auto News, ET Auto
SUVs alone accounted for around 1.18 million units in 2021, according to industry figures. Japan is likely to have sold around a million units.Bombay: Commercial vehicles have overtaken hatchback sales over the past year, becoming the…
The crystal ball: compliance forecast for 2022
Welcome to my latest attempt to predict what the next year will hold for the auto finance industry. As I mentioned in last month's column, there are a number of regulatory themes for 2021 that…
Debt increases, increasing risks for many households
Debt increases, putting families at greater risk
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Households are getting more and more into debt. Part of this debt creates particularly significant financial risks for households. They still have to repay…
December 24, 2021 – Mortgage rates remain unchanged – Forbes Advisor
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.
Mortgage rates haven't budged today. If…
Biden administration extends payment break for student loan borrowers until May 1
Amid concerns over the new omicron variant of the Covid-19 virus, the Biden administration will extend the payment break for federal student loan borrowers until May 1."We know that millions of student loan borrowers still face the impacts…
Santander returns to F1 in 2022 with Ferrari
Santander will return to Formula 1 in 2022, joining Ferrari as a partner after a four-year absence from the series. Co-author: Jonathan Noble 48m The Spanish financial giant will become one of the team's premium partners, with…
ONGC scripts the turnaround of its subsidiaries, OPaL reports its first profit, Auto News, ET Auto
NEW DELHI: India's largest oil and gas producer ONGC has scheduled a sharp turnaround in the fortunes of its subsidiaries with its petrochemical unit declaring its first-ever profit, a senior official said.ONGC Petro additions Ltd (OPaL),…
Bajaj Finance and Bajaj Finserv may fall another 10% from current levels
The Bajaj twins - Bajaj Finance and Bajaj Finserv - have been beaten in recent…
Trudeau proposes to Canada and the United States to harmonize discounts on electric vehicles, Auto…
The proposed U.S. tax credit is included in President Joe Biden's $ 1.75 trillion spending envelope pending in Congress.Canadian Prime Minister Justin Trudeau said on Monday he had proposed harmonizing discounts with the United States for…
Do you want to reimburse your car in 2022? here’s how
These steps could be your ticket to eliminating your auto debt.Some people own a vehicle because it makes life more convenient. Others have one because they have no choice - they live somewhere without public transportation.Whatever…
Biden orders US to stop funding overseas carbon-intensive fuel projects, Auto News, ET Auto
WASHINGTON: The Biden administration has ordered U.S. government agencies to immediately stop funding carbon-intensive fossil fuel projects overseas and prioritize international collaborations to deploy clean energy technology, diplomatic…
“BUY” this mid-cap auto stock with a target price of Rs. 137 says Geojit
The brokerage's perspective on Ashok Leyland Ltd The brokerage firm in its research report noted that "the company's revenue at T2FY22 increased by 51% QoQ (not comparable) due to the production lockdown in relation…
ADIB launches digital car market in United Arab Emirates
Abu Dhabi Islamic Bank, the emirate's largest Sharia-compliant lender, on Monday launched an integrated digital automotive ecosystem that provides all the services consumers need on their car-buying journey on one platform.The Turbo…
Judging from the future, not the past, Stride is taking action to shake up student finances –…
If you're trying to get a mortgage or a car loan, the banks will put on their judgment glasses and look at your past. Logic; this is a pretty good indicator of whether you will be able to repay your loans or…